UMC Inc. (UMCN)
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UMC Inc. Profile
| Industrial Conglomerates Industry | Industrials Sector | Danniel E. Stevens CEO | OTC PINK Exchange | 902846104 CUSIP |
| US Country | 7 Employees | - Last Dividend | 25 Jun 1990 Last Split | - IPO Date |
Overview
UMC, Inc. specializes in a range of services tailored to support healthcare providers in managing their administrative and financial operations more effectively. Having undergone a name change from United Medicorp, Inc. to UMC, Inc. in May 2007, the company has established a significant presence in the healthcare industry. Since its inception in 1989, UMC, Inc. has committed to leveraging advanced technology and extensive expertise to deliver efficient solutions to hospitals, medical clinics, and physician practitioners throughout the United States. Headquartered in Pampa, Texas, UMC continues to innovate and expand its offerings to meet the evolving needs of the healthcare sector.
Products and Services
- Medical Insurance Claims Coding and Processing
- Electronic Medical Records Storage
- Chargemaster Review
- Pricing Comparison
- Accounts Receivable Management
This service focuses on accurate and efficient coding of medical insurance claims, ensuring they are processed promptly. By adhering to the latest coding standards and regulations, UMC, Inc. helps healthcare providers minimize errors and delays, thereby optimizing revenue cycle management.
UMC, Inc. offers secure and accessible storage solutions for electronic medical records (EMR). By utilizing advanced security measures, healthcare providers can ensure the confidentiality and integrity of patient information while facilitating easy access for authorized personnel.
The company provides comprehensive review services for healthcare providers' chargemasters, helping to identify and correct inaccuracies or inconsistencies. This critical service ensures that hospitals and clinics can accurately charge for their services, maintaining compliance and maximizing revenue.
UMC, Inc.'s pricing comparison services enable healthcare providers to benchmark their service prices against those of competitors. This insight is invaluable for maintaining competitive pricing strategies while ensuring financial sustainability.
This service entails managing and improving the collection of outstanding receivables. By streamlining the accounts receivable process, UMC, Inc. helps healthcare providers speed up cash flow and reduce the time and resources spent on chasing payments.
